Commercial real estate A basic primer
People or business houses who own property hire real estate agents to manage the sale, purchase and renting of their properties for them. In most countries real estate businesses require a proper legal license to run their business. The legal requirements for setting up a real estate business differ from country to country. Certain colleges teach real estate business as a special subject. People who run or work in the real estate business also maintain close links with mortgage companies and other financial institutions.